Markets

Nov 13, 2015 at 07:59

The oil price crash continues to claim victims...and many of them are in Canada. The price of oil hovered around $100 for most of last summer. Today, it's trading for…

Nov 13, 2015 at 07:50

Most people who own or trade gold have a higher price in mind, a price determined by what they think the metal is worth in dollar terms. That's normal. However,…

Nov 13, 2015 at 06:52

GBPUSD fell sharply in the last two trading days which looks like a start of new impulsive leg lower. We labeled end of wave (2) at 1.5500 area so current…

Nov 13, 2015 at 06:51

The next Scorpio Moon is due 11/12-13 and we have declined into it, suggesting a 11/13+/-1 Scorpio Moon Low, right at the 11/15 weekend Solar CIT.

Nov 13, 2015 at 06:24

The global economy is slowing down rapidly and it is conceivable that the developed world may face a recession next year. Already, the Japanese economy is contracting and even Europe…

Nov 13, 2015 at 06:21

The Federal Reserve has monetised a few trillion dollars of bonds over the past seven years without creating much in the way of what most people call "inflation" (a rise…

Nov 13, 2015 at 05:36

Best reading of the Elliott Wave cycle suggests decline to 85.41 ended wave (4). From this level, pair has resumed rally in wave (5) as a double three structure where…

Nov 13, 2015 at 05:29

EUR/USD is retracing around 1.0800. Hourly support lies at 1.0675 (10/11/2015 low). Hourly resistance can be found at 1.0897 (05/11/2015 high). The technical structure remains clearly negative. Stronger resistance stands…

Nov 12, 2015 at 20:07

The mean measure of U.S. personal income peaked in 2006. The median measure shows that half of U.S. citizens are earning less money in real terms than they were in…

Nov 12, 2015 at 20:06

Over the last week we (NFTRH) have used market sentiment indicators and index charts to gauge the prospects of finding a high on the post-September relief 'bounce' rally.